MCQOPTIONS
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| 1. |
Which one of the following is NOT the pre-requisite of price discrimination? |
| A. | Firm must have monopoly power |
| B. | Product have multiple close substitutes and different uses |
| C. | Markets are separated and segmented |
| D. | Price elasticity of product must differ in different markets |
| Answer» C. Markets are separated and segmented | |